Whistler Blackcomb Holdings Inc. Board Declares Quarterly Dividend

WHISTLER, BC, Jan. 8, 2013 /PRNewswire/ - Whistler Blackcomb Holdings Inc.
(TSX: WB) announced today that its Board of Directors has declared its
first quarter dividend of $0.24375 per share payable on January 25,
2013 to holders of common shares of record on January 22, 2013.
Whistler Blackcomb Holdings Inc. designates this dividend to be an
"eligible dividend" for purposes of the Income Tax Act (Canada) and
similar provincial and territorial legislation.

ABOUT WHISTLER BLACKCOMB

Whistler Blackcomb Holdings Inc. owns a 75% interest in each of Whistler
Mountain Resort Limited Partnership and Blackcomb Skiing Enterprises
Limited Partnership, which, together, carry on the four season mountain
resort business located in the Resort Municipality of Whistler, British
Columbia. Whistler Blackcomb, the official alpine skiing venue for the
Olympic Winter Games, is situated in the Resort Municipality of
Whistler located in the Coast Mountains of British Columbia 125
kilometres (78 miles) from Vancouver, British Columbia. North America's
premier four-season mountain resort, Whistler Mountain and Blackcomb
Mountain are two side-by-side mountains, connected by the world
record-breaking PEAK 2 PEAK Gondola, which combined offer over 200
marked runs, over 8,000 acres of terrain, 14 alpine bowls, three
glaciers, receive on average over 1,192 centimetres (469 inches) of
snow annually, and offer one of the longest ski seasons in North
America. In the summer, Whistler Blackcomb offers a variety of
activities, including hiking and biking trails, the Whistler Mountain
Bike Park, and sightseeing on the PEAK 2 PEAK Gondola. Whistler
Blackcomb Holdings Inc. is listed on the Toronto Stock Exchange under
the symbol "WB". For more information, visit www.whistlerblackcombholdings.com. Additional information related to the Corporation is available on
SEDAR at www.sedar.com.